Why the Increased Replant and Prevented Plant policy?
Sometimes protection for replanting expenses isn’t always enough because of the many unpredictable weather situations. That’s why the Increased Replant and Prevented Plant policy provides coverage for both replanting expenses as well as coverage in the event the unit cannot be planted.
How the Increased Replant policy works.
Partnered with a GRIP, GRIP-HRO or GRP policy policy at a coverage level greater than the MPCI CAT amount, the Increased Replant policy provides coverage for either soybeans or commerical field corn grown for grain, for the perils peril below, as well as additional coverage in the event that the unit is unable to be planted.
- Adverse weather conditions
- Plant disease
- Failure of irrigation water supply due to an unavoidable cause
If the crop suffers from an insured peril, notify JDIC of the intent to replant. A replant payment will be given if certain criteria* has been met.
The replant payment for insured acreage replanted due to insured perils shall be the lesser of 25% of the insurance per acre or $50 per acre replanted, multiplied by replanted acres and share. The payment from both the replant coverage of this policy and the MPCI policy cannot exceed the actual cost to replant the insured crop.
The prevented plant payment for insured acreage prevented from being replanted shall be the lesser of the limit of insurance for each acre or a maximum of $200 per acre, multiplied by the total damaged acres and share.
Benefits only available from John Deere Insurance Company.
- Provides coverage for replanting expenses that more accurately reflects increased seed costs.
- Payments on a per acre basis instead of a unit basis.
Available States: (subject to approval) IL, IN, KY, MI, OH, WI
*See the Underwriting Guidelines for this information.